CNBC's "Power Lunch" team talks with Robert Frank, CNBC's wealth reporter, and Eric Benaim, CEO of Long Island City brokerage Modern Spaces, about how Amazon's decision to pull out of Queens will impact real estate.
"Amazon coming, I think, was a great thing," says Ryan Serhant. "All they wanted to do was bring jobs."
Ryan Serhant, real estate agent and managing director at NestSeekers International, started his career in Long Island City. He is well known as one of the real estate agents on Bravo's "Million Dollar Listings New York." Watch what he has to say about the Amazon HQ2 situation and how his clients are being affected.
Alphabet's Sidewalk Labs reportedly proposed receiving a cut of property taxes, development fees and increased land value for its work in Toronto.
It is said that the best way to predict the future is to design it. Projections show that by 2050 society will require double the Earth’s available resources.
Keith Wu, CEO of Sunlight REIT, says interest rates continue to be a risk factor to business, but is now "more contained."
"I wish Amazon had stuck it out a little bit longer, because in the long term I believe that this would have been a good deal for both," said Rep. Gregory Meeks, D-N.Y.
Amazon has canceled plans for its Long Island City headquarters. CNBC's Diana Olick reports on the before and after impact on the real estate market.
Ronald Wan of Partners Financial Holdings says the sentiment in Chinese markets has become more optimistic than before because investors can see that the authorities are tackling problems in the economy from "360 degree(s)."
There are short-term ups and downs in the technology sector, but 5G networks and artificial intelligence are "unstoppable trends," and investors should position themselves based on these "longer-term certainties," says Ken Peng of Citi Private Bank.
Google will expand into Nevada, Ohio, Texas and Nebraska for the first time, adding new data centers in those states and offices elsewhere.
Brexit fears are keeping international investors on edge.
The lowest interest rates in nearly a year were apparently not enough incentive to juice mortgage demand.
Jim Cramer sits down with Ventas Chairman and CEO Deb Cafaro, who details her company's plan to drive growth through innovation and external growth.
Jim Cramer breaks down the real reasons behind the market's latest moves.
CNBC's Hugh Son and Nima Ghamsari of Blend joins 'The Exchange' to discuss how Blend is an example for the future of home equity loans.
CNBC's Diana Olick reports on a new housing trend known as "aging in place."
New York City Councilman Jimmy Van Bramer also says he is against Amazon's plans for HQ2 in Queens because of the company's stances on immigration control.
With more seniors choosing not to sell their family home, an estimated 1.6 million fewer properties are now available.
Richard Murray of JB Hi-Fi discusses the company's earnings report and performance amid the decline in Australia's house prices. He also says he is focused on "managing risk" because he runs a low-margin business.
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Diana Olick serves as CNBC's real estate correspondent as well as the editor of the Realty Check section on CNBC.com.
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